CLS 8-K
Celestica Inc (CLS)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
The Board of Directors (the “Board”) of Celestica Inc. (the “Company”) appointed Mr. Amar Maletira as a member of the Board, effective January 1, 2025. A copy of the press release announcing the appointment is attached as Exhibit 99.1 to this report. The Board has determined that Mr. Maletira qualifies as an independent director under Canadian securities laws and NYSE listing standards. Mr. Maletira has been appointed to the Company’s Audit Committee, Human Resources and Compensation Committee and Nominating and Corporate Governance Committee. He will be compensated in accordance with the director compensation guidelines and principles applicable to the Board.
Mr. Maletira has over 25 years of broad public company business, strategic and finance leadership in numerous enterprise technology industries, including holding various senior executive positions with Rackspace Technology, VIAVI Solutions, Inc., Hewlett-Packard (HP), Siemens and HCL-Picker. Mr. Maletira is currently the Chief Executive Officer and a director of Rackspace Technology.
There are no arrangements or understandings between Mr. Maletira and any other person pursuant to which Mr. Maletira was selected as a director, and there are no transactions in which the Company is a participant and in which Mr. Maletira has a material interest subject to disclosure under Item 404(a) of Regulation S-K.
| Item 9.01. | Financial Statements and Exhibits. |
| Exhibit No. | Description | |
| 99.1 | Press Release of the Company dated January 2, 2025 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Celestica Inc. | ||
| Date: January 2, 2025 | ||
| By: | /s/ Douglas Parker | |
| Name: Douglas Parker | ||
| Title: Chief Legal Officer and Corporate Secretary | ||
Exhibit 99.1
| FOR IMMEDIATE RELEASE | Thursday, January 2, 2025 |
Amar Maletira Appointed to Celestica’s Board of Directors
TORONTO, January 2, 2025 (GLOBE NEWSWIRE) -- Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world’s most innovative companies is pleased to announce the appointment of Amar Maletira to its Board of Directors, effective January 1, 2025.
Mr. Maletira has over 25 years of broad public company business, strategic and finance leadership in numerous enterprise technology industries, including holding various senior executive positions with Rackspace Technology, VIAVI Solutions, Inc., Hewlett-Packard (HP), Siemens and HCL-Picker. Mr. Maletira is currently the Chief Executive Officer of Rackspace Technology.
“We are happy to have Amar join Celestica’s board,” said Mike Wilson, Chair, Celestica’s Board of Directors. “We will benefit from his deep experience in transforming global enterprise businesses, as well as his extensive background in strategic and operational management, business development and finance.”
Mr. Maletira was named the CFO of the Year by Silicon Valley Business Journal in 2016. He was ranked the #1 CFO in TMT Mid-Cap by investors and analysts surveyed by Institutional Investor Magazine in 2019.
He holds a BS in Electronics and Communication Engineering from Karnataka University in India, and an MBA from the Ross School of Business at the University of Michigan.
Following his appointment, Celestica’s board of directors will have 9 members.
About Celestica
Celestica enables the world's best brands. Through our recognized customer-centric approach, we partner with leading companies in Aerospace and Defense, Communications, Enterprise, HealthTech, Industrial and Capital Equipment to deliver solutions for their most complex challenges. As a leader in design, manufacturing, hardware platform and supply chain solutions, Celestica brings global expertise and insight at every stage of product development - from the drawing board to full-scale production and after-market services. With talented teams across North America, Europe and Asia, we imagine, develop and deliver a better future with our customers.
For further information on Celestica, visit www.celestica.com.
The company's securities filings can be accessed at www.sedarplus.com and www.sec.gov.
| Contacts: | |
| Celestica Global Communications | Celestica Investor Relations |
| (416) 448-2200 | (416) 448-2211 |
| [email protected] | [email protected] |